Tech Company Inital Public Offerings
TCR2 Therapeutics IPO
TCR2 Therapeutics, operating out of Cambridge, debuted as a public company on 2/13/2019.
Transaction Overview
Company Name
Announced On
2/13/2019
Transaction Type
IPO
Amount
$75,000,000
Proceeds Purpose
TCR2 plans to use the net proceeds from the IPO as follows: approximately $25 million to $30 million to fund the development of our lead product candidate, TC-210, targeting mesothelin-positive solid tumors, through the completion of our planned Phase 1/2 clinical trial in patients with mesothelin-positive non-small cell lung cancer, ovarian cancer, malignant pleural/peritoneal mesothelioma and cholangiocarcinoma; approximately $35 million to $40 million to fund the development of our lead product candidate, TC-110, targeting CD19-positive B-cell hematological malignancies through a Phase 1 clinical trial and the development of TC-220 for the treatment of patients with MUC16-positive ovarian cancer through a Phase 1/2 clinical trial; approximately $10 million to $15 million to fund the continued development of our TRuC-T cell platform; approximately $30 million to $35 million to fund manufacturing activities to support our planned Phase 1/2 clinical trial of TC-210, Phase 1 clinical tr
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
100 Binney St. 710
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
TCR2, Inc. (Nasdaq: TCRR) is a pharmaceutical company focused on engineering T cells for cancer therapy.
Management Team
Title
Name
Email & Social
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